Perspective
06 August 2018
Bayfront Infrastructure: Project CLOs old school style
In:
Oil & gas, Power, Renewables, Transport
Region:
Asia-Pacific
Singapore’s Clifford Capital has closed its first securitisation, and is preparing a second, in a bid to establish an infrastructure CLO franchise. Backed by loans from multiple banks, the structure owes more to the securitisation pioneers of the 1990s than more recent synthetic deals.
